Description

"PMB – Bucharest Elevated Highway – Romania - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

The "PMB – Bucharest Elevated Highway – Romania - Project Profile" is part of Timetric's database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.

Summary

The Bucharest City Council (Primaria Municipiului Bucuresti) (PMB) plans to undertake the construction of an elevated highway in Bucharest, Romania.

The project involves the construction of a 13.15km elevated highway. It includes the construction of complex express road structure, with six-lane streets, bridges, train track crossovers, two 2km three-lane tunnels, connecting the West to the East of the city, via the North.

The project will be developed through public-private partnership (PPP) model.

In May 2008, a plan was proposed to build a 25km elevated highway to connect North and South Bucharest.

In July 2008, a study commenced to identify the possible solutions and building of the motorway route.

In October 2008, a development plan was proposed to build a 12km long and 10m high elevated highway.

In August 2012, PMB approved the feasibility study and initial study and detail design works could take two to three years. The project plan was previously rejected six times by the Bucharest Council.

In November 2013, General Council of Bucharest approved the project and proposed to start the feasibility study on the 13.15km elevated highway including bridges and underpasses.

In January 2015, South Koreans investors expressed interest in providing funds for project implementation.